The electricity pricing crisis in South Africa 

😮...😢...😂... 👍 👌 The black ⚫️ 🖤 Elites are also guilty of causing poverty n suffering of the poor 🇿🇦 citizens plight

I 100% agree with you on these issues - and even more disturbing is the fact that Motsepe and Cyril are pushing not just for the IPPS (when Africa as an entire continent is only responsible for 4% of the worlds emissions) but also for the privatisation of the grid. So now its about private sector generation, and the private sector also taking over transmission. We as SA are not talking about the privatisaton of transmission, and these bogus traders of energy that they have introduced with the public not knowing, are a red herring... and the Chairperson of NERSA is conflicted and is currently a CEO of one of them! As for the push for IPPs, which are not a solution to the baseload energy problem... I remember you recently talking about Cyril's recent speech making sure that the IPP cabal knows that they are covered - and you are correct on the fact that they legalise their illegality and then end up on the so-called right side of the law... As for the Blackrock's of this world.... it is quite scary... infrastructure is only the beginning of a major asset class he says...listening to this Blackrock fella is quite disturbing, to say the least.. And no, public goods should definately NOT be privately owned... and it is particularly disturbing for this to happen in a country where the majority are living below the various poverty lines!

The funny thing is that they think electricity will be cheap when private sector comes in 😂😂😂😂

Eskom is charging those who do pay for electricity to cover the costs of those who don't. how fair is this? they are deep in debt and think we somehow need to be responsible for their failure as a business.

"There are no sovereign countries, only corporations and the international flow of dollars (Phala Phala)" - Henry Kissinger

But how many people are really paying for electricity. People who pay are paying 4 those who don't pay ( illegal connections) and corruption

It's not in Johannesburg, I paid R1000 and got 276 units on the 29th. I'm even scared to check how many units I have consumed since the 29tg of June. It's very sad.

Now i'm glad Gwede is still there. He is vehemently against this disguised daylight robbery in the name of decarbonisation. Now this Eskom unbundling ploy makes sense.

As much as it pains me but I love this, we have been warning black people for years about what RAMAPHOSA is all about. The 7th Administration is upon us.

I still remember when president Jacob Zuma wanted to have nuclear plants built and what we heard was " the country cannot afford it and they are very corrupt blah blah blah". In the meantime the big corporations had their eyes set on capturing that sector 😢

100 000 views loading...your content is a master class for mostly youth, and to all South Africans who love this country....

Mightie!! Thank you so much for all the information and analysis, As I listened, all emotions were at play. Not yet Uhuru, and it seems it'll take our souls before we see the freedom we yearn. My heart breaks for South Africa. We have a long way to go, Again "Siyabonga"

South Africans my people please believe me, things will get worse before they get better.

The country was given a treacherous act

Create a problem for solutions that was never needed.

Thanks Mighti. Your programs are excellent. They are a real value for time to watch. Thanks again.

These people are greedy

Thank you so much, mfethu. This is very informative. South Africans, at least most of them -wont afford electricity going forward. Remember, electricity is a public good, and it commodification will lead to an uprising as it becomes more of a luxury.

And prices will continue to rise with IPPs and their Renewables! Nuclear is the cheapest source of energy we have for electricity, and it's clean, industrious and baseload energy! - If you don't believe this , check the Eskom reports and the performance of Koeberg NPP through the years before its refurbishment project.

Now you are best political analyst in the world....not that bias only facts❤❤

And people don't understand all this. They vote for DA and this ramaphosa.. very sad

The opportunistic WEF project has increased momentum - soon all sovereign assets will be given away and you will own nothing

State Capture happening right there

Eskom is THE biggest company in SA revenue. It’s not surprising that there’s a big push from the private sector to get a slice or even the whole cake!

My Guy, you are worth my follow. You have been on the rador for a while , and this is informative information we need to be aware ,saphela zezi price R100 is 3 days 😢

The Real State Capture right here, but you will never hear about these wrongs on national media houses. Ramaphosa and his brother-in-law with the whites are very focussed in state capture.

That's it, I'm going off the grid 🏃

Just discovered your channel my brother learning alot here, quite informative especially for us who didnt study economics

highly sophisticated crime at an expense of the marginalized, WOW

Thanks Jamie , keep those graphs coming !

I like your educated analysis. Why don't we have people like you leading the nation in an enlightened and principled view of economics.

I'm loving the content my brother. Had to like and subscribe. Very informative 👏 👌

south africa is an experimental ground for western strategies 🤔🤔

They didn't do maintenance in Eskom and stole all the money that should've been used for this.... As well as the fact that they've got way too many workers at Eskom - that draw a salary but don't earn it...

I had to watch to again, all with excitement the well it was being presented. Kudos 🙌🏾 MIGHTI JAMIE TV.

Thanks for opening our eyes

This is beautiful journalism Mighti Jamie...... Lol even though it's depressing. Nice work

Your work and contribution is exceptional

My worry is the portfolios in the Presidency...we are really screwed

In South Africa, privatization of state-owned entities is basically transferring mass infrastructure build by tax-payers money into the books of private companies. Expediency at its best!

Thanks my brother for this eye opening video, as an economist teacher it highly resonates with me especially on how the education system is continually pushing for privatization, I despise teaching the subject itself because it's tailored to keep us in poverty topics such as comparative advantage to keep us giving them resources to name a few, as we speak I'm marking a script containing a question about "how will privatization of eskom benefit the country" mind you this is not the first time such questions appear, we are being brainwashed that we need investors and that's how the multi international companies are taking over the country.

Thank you Jamie for this episode. I am trying to raise awareness at my workplace and on my WhatsApp. This happened so quickly I don't think people were pating attention. On top of everything the GNU has taken everyone's attention

As a country, we need tye EFF whether you love them or hate them

Unfirtunately the people who have been askiing for privatisation are now complaining about the cost of services. It's about to get worse because the main goal of the private sector is to make money, not to serve. Unfortunately, South Africans have been convinced to think that privatisation is good for them.

We are looked at as cash cows here, there is nothing wrong with eskom and has never been. State enterprise failures were manufactured for the gains of private sector.

Thank you YT algo... I like the way you handle the noise of the buzz words and just go factual.

Thanks for people who voted 🗳 ANC, DA. IFP and..... cos Malema said this long back

Wow Jamie, your eyes are wide open!!!!

We are being played by WMC who captured Cyril Ramaphosa and his family, Zuma presented the best option to provide cheap and sustainable electricity.

Energy is life

Thanks for this Mighti. I studied Elec Eng and in my final year in 2010 they were also telling us that SAs electricity fees were underpriced. As a working adult who has been paying for electricity for the past 14 years , i can feel the pinch. The cost has skyrocketed to unsustainable levels. And using gas hearers and stoves is just not enough to mitigate the high cost - at least for my household. I miss the Mbeki era and mark my words, these big corporations are coming for water too. I don't believe public goods should be privatized 🚫. That should be the job of government because private companies are only interested in profit

We are being scammed about loadshedding and global warming planet needs Co2.

Zuma sold the country to the guptas resulting in the Eskom looting. End of story.

Excellent reporting Jamie. It is so refreshing to hear the truth. Keep digging.❤ Water, Electricty, Security should be controlled buy the goverment only. We the people will bare the burden by companies in the pursuit of profit.

In Durban before July increase R100 = 29 Kw/h this forces those are can't afford to do the unthinkable 😔

Julius Malema have been trying to communicate this for a while now!!

Oh my god we are so fucked

It's very clear my brother

South Africans we're very ignorant nation right now instead of doing something about it nothing look at Kenya's they had enough about their government now they are fighting for their right but not south Africans

This video made me a subscriber

Ramaphosa and his brother are evil. Poor shall stay poor.keep voting for them sa and stop complaining. it seems like you love them thats why they are still running sa

How will the rand react to this...this is sheer pressure to privatise the ESKOM BRING IN IPP

In south Africa government allows people of questionable human beings to run their enterprises

This is too sad😢 I buy 500 electricity every 4th day

Interesting research findings indicate that the comprehension of current events might be unsettling. It is particularly alarming because ordinary South Africans are the most affected individuals. Something is immoral

If South Africans were to understand that ANC is captured by this people so cold praivet sector and by the next 10 years south Africa will be in there hands we said vote EFF or MK and you said no Zuma mast go and Zuma is back to help south African but no one to explain all this to voters

This is so concerning

The middle class is always the ones who suffer the most from government policies. Working class people just bridge electricity. High income earners just move to solar. So it's the middle that can't bridge and also can't afford solar.

YOU ARE COOKING MY BROTHER ❤

Does he mean that he is behind this all mayhem? I am livid with all this nonsense.

The problem is with us that are so called educated. Just because right now you still have options, we think this does not affect us, greed has no bounds and it’s never enough, they going to continue until they run this country to the ground and then runaway to a stable country with all that money

So I've had the privilege of visiting the first solar power plant built on SA soil. Located in De Aar, NC with an installed DC capacity of 75MW = 60MW AC. These guys generate on average 400MWh per day... they receive a payment of R 6.00 per kwh, do the math on how much they make per day as long as the plant is operational, which is seven (7) days per week.. Then guess how much many full time employees they need to operate that plant? Six (6), only 6... if that plant was a nuclear or coal fired power plant it could have created more direct jobs, conservatively about 120 direct jobs, if not more... this change from hydrocarbons to solar is going to jack up the cost of power in South Africa, at the same time, it'll cut the number of people needed to operate the plant therefore maximizing profits for certain individuals...

Smart dude… How are our paths only crossing now?

That's y they don't want ANC EFF MK together but trust me it's coming Ramaphosa won't last 5 years, After 2026, we give a shit what would happen to the Rand

Very informative. The question is what are we going to do about this, surely we cant just watch while they do us dirty like this?

Subbed. Love the content, love the way you present it. Truly a unique mzansi approach.

We might as well go live in Orania

My man, as media people please help. We are dead under. We are going to leave without electricity. Can City Power come out and explain this mayhem before hell breaks out.

I don't blame the people that steal the electricity. It's too much

It seems like we the people must not live. They the parliament don't know cause theirs are free... do they know it's lucky if there is still one working in a 🏠 hold..how are we to survive in this country 😢😢😢😢

ANC trying to recover the diesl money used to keep the lights on before elections. LOL.

South Africa is an interesting country, how come there's no petition to high price of electricity? Please whoever starts petitions, let's petition against electricity prices, food prices, high interest rates, etc.

Going down 👇👎 the drain i think 💬🤔 it's time for private companies to provide electricity

Investors don't care government or Privatization as long as profitable and governments responsible to balance profits between both

But what I have been hearing all along is that the introduction of alternative energy will lower the cost of electricity. What is k*k all about now. Motsepe is now talking twak.

Are we losing the war for the ownership of our country, land, economy and freedoms?

This information and principles should be taught in our high schools to ensure that the next generation will learn to avoid the very bad errors made by the previous and current generations.

Blame ANC for everything

Hey Western cape has this forced prepaid levy for 2 years already. Currently R219. Helen pretend it doesn't exist

Blackrock play with many countries

Yoh this is ridiculous

Oh so true. Natural monopoly can never be made up by various private companies.

If everyone was around at Thabo Mbeki's presidency

Business people are doing what they ned to make money. That's what business is about. If the people do not like what businesses are doing they tell the government they elect to change the law. If the businesses don't like the law they leave... then the people get what they voted for. South Africans, broadly (the blacks), vote for ANC. So let's not hear any complaining about the collapse of infrastructure and the government's ability to deliver. What is happening right now in SA is that the government is penalizing innocent taxpayers to cover up the failures of government. If we all, all taxpayers, got solar to protect ourselves the majority would demand that we be taxed for looking after ourselves to look after the people the government let down. To correct you, basic education is not provided for free... someone is paying. there is NOTHING being provided for free. This nonsense is why black South Africans just demand "free" stuff. Tell them where the money funding the "free" stuff is coming from!

And Jamie be careful , you will be shut down. Watch the space

I pay up to R2000 per month including the R 200 and 15% tax, in Buccleuch Sandton and I'm trying my best not to use electricity and we are just 2, therefore what about families, how much could they be paying? I actually need to find out thanks for the info 🙏🏾

Thank you for this

😢South Africa rand does not buy enough for us

I think most analyses forget to incorporate the fact that the millions of people who dont pay for electricity, meaning that electricity costs have to cover such as well.

7:19 err… glad to hear this 14 years later when we can see that all they did was pay more